Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
505,000 元
Income Tax
- 203,355 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 210,144 元
Net pay
* 294,856 元
Marginal tax rate
45.0%
Average tax rate
41.6%
58.4%
Net pay
41.6%
Total tax
Total tax
Net pay
The Taxberg
294,856 元
Net pay
11,545 元
Tax the employer pays
210,144 元
Tax you pay
Total tax paid
221,689 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 505,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.39 元 goes to the government.
Real tax rate
42.9%
So, with you and the employer both paying tax, what used to be a 41.6% tax rate now rises to 42.9%, meaning your real tax rate is actually 1.3% higher than what it seemed at first.
Summary
If you make 6,060,000 元 a year living in the region of Beijing, China, you will be taxed 2,521,729 元. That means that your net pay will be 3,538,271 元 per year, or 294,856 元 per month. Your average tax rate is 41.6% and your marginal tax rate is 45.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 元 in your salary will be taxed 45 元, hence, your net pay will only increase by 55 元.
Bonus Example
A 1,000 元 bonus will generate an extra 550 元 of net incomes. A 5,000 元 bonus will generate an extra 2,750 元 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
CNY 3483447
42.5%
1
Canada
CNY 2985067
50.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 5404861
10.8%
1
Hong Kong
CNY 5053516
16.6%
2
Singapore
CNY 4788698
21.0%
3
Indonesia
CNY 4123412
32.0%
4
Thailand
CNY 4038621
33.4%
5
Pakistan
CNY 3971297
34.5%
6
Vietnam
CNY 3950856
34.8%
7
Taiwan
CNY 3818099
37.0%
8
Philippines
CNY 3813093
37.1%
9
New Zealand
CNY 3773552
37.7%
10
Malaysia
CNY 3715804
38.7%
11
China
CNY 3538271
41.6%
12
Japan
CNY 3456860
43.0%
13
South Korea
CNY 3381576
44.2%
14
Australia
CNY 3350660
44.7%
15
India
CNY 2273966
62.5%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 5369199
11.4%
1
Brazil
CNY 4397555
27.4%
2
Costa Rica
CNY 4149632
31.5%
3
Panama
CNY 4093096
32.5%
4
Mexico
CNY 3973840
34.4%
5
Puerto Rico
CNY 3958878
34.7%
6
Argentina
CNY 3938950
35.0%
7
Uruguay
CNY 3877763
36.0%
8
Colombia
CNY 3866800
36.2%
9
Chile
CNY 3812226
37.1%
10
Peru
CNY 3768682
37.8%
11
Ecuador
CNY 3555566
41.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 5983379
1.3%
1
Saudi Arabia
CNY 5956000
1.7%
2
Bahrain
CNY 5934908
2.1%
3
United Arab Emirates
CNY 5757000
5.0%
4
Qatar
CNY 5757000
5.0%
5
Oman
CNY 5575200
8.0%
6
Egypt
CNY 4546995
25.0%
7
Lebanon
CNY 4546366
25.0%
8
Turkey
CNY 3530788
41.7%
9
Israel
CNY 3206867
47.1%
10
Show more
NOTE* Withholding is calculated based on the Beijing tables of China, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.